OPEN-SOURCE SCRIPT
Mis à jour Secretariat
This is a script used in a strategy called the secretariat taught in the courses offered by Michael Toma ( I won't mention the business names here to comply with house rules for open publication).
Its intended as a tool to keep you out of chop and get you in pretty early in a trend.
The indicator uses a fast and a slow moving average as filter. When it sees the highest high or lowest low in the last 50 (configurable) bars, it notes a potential trade, then when there is a pull back into the moving averages, an entry can be considered. Michael is happy for me to share this indicator, and its up to you to discover a way to use it as a strategy.
Blue dots are highest high in the lookback period, red the lowest low in that period. The green triangles suggest a possible sell entry and the red a possible buy.
None of the signals provided are watertight magic promises of a successful trade, just an opportunity for you to consider an entry in accordance with your own rules, filters and risk etc.
Enjoy!
Its intended as a tool to keep you out of chop and get you in pretty early in a trend.
The indicator uses a fast and a slow moving average as filter. When it sees the highest high or lowest low in the last 50 (configurable) bars, it notes a potential trade, then when there is a pull back into the moving averages, an entry can be considered. Michael is happy for me to share this indicator, and its up to you to discover a way to use it as a strategy.
Blue dots are highest high in the lookback period, red the lowest low in that period. The green triangles suggest a possible sell entry and the red a possible buy.
None of the signals provided are watertight magic promises of a successful trade, just an opportunity for you to consider an entry in accordance with your own rules, filters and risk etc.
Enjoy!
Notes de version
Added alert conditionsNotes de version
Typo fixScript open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.